How to Change Dividend Reinvestment in Charles Schwab

If you forgot to check the Reinvest Dividends option while purchasing a stock or ETF on schwab, you can do so after the fact via the following:

First click through Accounts>Positions>Market Value:

matthew_moisen_schwab_reinvest_dividends_00.jpg

Then scroll down to the stock for which you want to reinvest dividends, and look for the Reinvest? links on the right side of the table:

matthew_moisen_schwab_reinvest_dividends_01.jpg

Click on the No link and then change it.


Comments

Add Comment

Name

Email

Comment

Are you human? + six = 13


Name: Name

Creation Date: 2020-08-04

Thanks, man


Name: Lorraine Kelly

Creation Date: 2020-10-07

The new website does not have the option to change reinvest to non re-invest. How is this done on the website now--cannot locate..????


Name: T-bird

Creation Date: 2020-12-09

Accounts/positions/option on the right of each stock.


Name: Vinay M Dulip

Creation Date: 2021-01-30

Thanks.


Name: M

Creation Date: 2021-02-09

Thank you...can't believe that's where they put it.


Name: Mathew M Snyder

Creation Date: 2021-03-01

I want to Stop my DRIP regarding my Exxon stock but I’m unable to find the procedure on the Charles Schwab website—


Name: d

Creation Date: 2021-03-06

thanks


Name: Thank You

Creation Date: 2021-03-23

Searched all over the Schwab site for this, couldn't find. Simple, once you know where to go. Many thanks.


Name: G

Creation Date: 2021-04-08

Thank you! Their interface is so unintuitive.


Name: wordbuilder

Creation Date: 2021-05-27

I tried to find this information at Schwab and couldn't (too many irrelevant results) so I came here and had it fixed in a minute. Much appreciated.


Name: Paul Boutiette

Creation Date: 2021-09-24

Found it! Go to Accounts, Positions, and then at the top of the chart of your securities click on the blue "Settings gear" and enable the Reinvest? box and Save. Then there will be a column on the right side of your securities where you can choose to reinvest or not. Took me a while to find it.


Name: Britney in miami

Creation Date: 2021-11-06

Thanks! Super helpful!


Name: Miguel

Creation Date: 2021-11-23

Thanks a lot